There are a lot of negative consequences associated with the failure to pay child support. Once arrearages reach certain thresholds, the paying parent will be denied a U.S. passport, their driver’s license can be suspended, their wages can be garnished, their tax refunds can be taken for child...

It’s no secret that every business can experience financial problems. In fact, most new entrepreneurs worry about their business surviving the first year in business, not to mention the first five years! If your small business is struggling to make ends meet and to repay its obligations, you may...

Are you considering filing Chapter 7 bankruptcy? If so, you’re probably wondering, “What are the effects of Chapter 7 bankruptcy? Will it ruin my credit? Will I have to give up the few assets that I do have?” The effects of a Chapter 7 depend on different factors, such as the types of debts and...

If you are currently experiencing crushing debt and you’ve noticed that it’s affected your mood, your quality of sleep, and even your health, there could be legitimate reasons for this. Perhaps your financial situation has led to lost sleep or insomnia. Perhaps you’re even experiencing symptoms of...

If you’re considering filing for bankruptcy, you may wonder, “How long is bankruptcy reported on a person’s credit?” We decided to dedicate a post to this because most bankruptcy filers have this question. When a debtor files for bankruptcy, the bankruptcy itself is reported on their credit for 10...

If you have been named in a will as the executor of an estate, or if you have been appointed by the court as a personal representative of an intestate estate (an estate without a will), and as you dove deeper into your duties, you realized that the decedent passed away, leaving behind a mountain...